November 14, 2017 - TORONTO, ON
Volaris Group today announced that it has acquired substantially all of the assets of Hospitality 101, Inc., doing business as CaterTrax (“CaterTrax”), a catering management software provider based in Rochester, New York. The company continues to service its existing customers and operate under the CaterTrax brand as CaterTrax Inc.
CaterTrax is an industry leading catering management software company that is built by caterers for caterers. Primarily serving the non-commercial foodservice industry, CaterTrax provides flexible solutions to multi-unit contractors across the United States and Canada, streamlining enterprise management for the largest managed hospitality providers in the country. Over 7,500 operators, across multiple lines of business, use CaterTrax’s platform to manage their business.
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In particular, CaterTrax has built a strong foothold in serving the Higher Education industry. Campuses have high volume catering needs every day of the week. CaterTrax’s mission-critical solutions help these campuses run their foodservice operations more efficiently.
CaterTrax was started in 2004 by co-founders Rich Rund and Dan Welch as a result of streamlining their family-owned catering and restaurant operations. “We have enjoyed incredible success over the past decade building our industry leading technology and brand. As we consider the next decade and beyond, we want to align ourselves with a partner that can elevate our ability to execute our vision and mission,” said Rich Rund, CEO.
Dan Welch, CSO, added: “Volaris gives us the right foundation and backing to achieve our goals. Their acute focus on talent management and development aligns perfectly with our core values. We are truly excited about the opportunities Volaris can provide to our employees for both personal and professional growth moving forward.”
In keeping with Volaris’ philosophy of acquire, strengthen and grow, CaterTrax maintains its brand and independence. Co-founders Rich Rund and Dan Welch continue to lead the business with the support of executive leaders Jed Sherman, COO, and Jeff Luchetti, CFO. CaterTrax joins several other businesses within Volaris’ Education vertical.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.
For more information, please contact:
Kim Emmerson, CMO
Tel: +1 905 629 5297